-Newsclick.in The move is aimed at helping corporate biggies that have recently forayed into the commercial coal mining sector. New Delhi: In yet another attempt to help corporate biggies that have recently forayed into commercial coal mining, the Narendra Modi government has tweaked an environmental law to allow extraction of combustible mineral even before obtaining final forest clearance. The Forest Advisory Committee (FAC) of the Union Ministry of Environment, Forests & Climate Change...

Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....

-Scroll.in Mining companies stand to benefit from one of the amendments being pushed through without proper public consultation. India’s mining law enables the government to recover 100% of the value of minerals extracted illegally. Based on this provision, in August 2017, the Supreme Court of India ordered the recovery of Rs 17,576 crore from mining companies that had extracted iron ore and manganese in Odisha in violation of environmental laws. If the Modi...

-TheThirdPole.net Going against its own orders, the government in the Indian Union Territory of Jammu and Kashmir has ordered the fast-tracking of environmental clearances despite manifest evidence of illegal sand mining A few months after the Jammu and Kashmir government auctioned hundreds of stretches of riverbeds for Mineral Extraction, companies that won the bids are mining the riverbeds despite the lack of environmental clearance. This makes the mining illegal. But instead of...

-PTI Being a strategic mineral resource, indigenous production can save the much-needed foreign exchange, in which laterites can play a significant role, like bauxite, which is mined from south Goa. Panaji (Goa): Iron ore reserves in Goa may exhaust in another 10 years and if there are too many companies involved in mining and the pace of excavation is high, the stocks may not even last for five years, an expert said...